The Real Estate Financial Planner Blueprint™
Urban Honolulu, Hawaii 20% DP
Purchased Urban Honolulu, Hawaii Average Property 1 Property
Bought in Month 50
We have a Rule that has you buying the Urban Honolulu, Hawaii Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $8,790 (which we adjust for inflation to be worth $8,898.93 in Month 50). The following is a chart showing the balance of Starting with $100K, Earning 7%/year Account from the start of the Scenario to Month 50 after we've adjusted for all the income and expenses for the entire month.
To purchase the Urban Honolulu, Hawaii Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $719,925.13 purchase price that means you need to have $143,985.03 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,199.25) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $143,985.03 |
Rent Ready Costs | $0 |
Closing Costs | $7,199.25 |
Seller Concessions | $0 |
Total Cost To Close: | $151,184.28 |
The monthly rent on this Property is $1,709.15 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$17,664 | -$18,778 | $9,081 | $4,007 | $3,054 | $15,028 | |
Totals: | $17,664 | -$18,778 | $9,081 | $4,007 | $3,054 | $15,028 |
Asset Allocation
How are assets allocated? Let's first look at this month.
And how have they looked over time up to this month?
Phases of Financial Independence™
With a Minimum Target Monthly Income in Retirement™ of $5,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 at the time of achieving your
Blueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Final Month Summary
Reports